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Munich Re · 1 day ago

AVP & Actuary, Statutory Reporting

New York, United States

Full-time

Onsite

Senior Level, Lead/Staff

$262K/yr - $289K/yr

10+ years exp

Munich Re is the world’s leading reinsurance company, and they are seeking a highly skilled actuary to join their Life Reinsurance team as an Assistant Vice President (AVP) & Actuary, specializing in Statutory Reporting. The successful candidate will prepare and file statutory reports, ensuring compliance with actuarial standards and collaborating with cross-functional teams to inform business decisions with accurate data.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Lead the preparation of the actuarial statutory reports in support of the Appointed Actuary, including but not limited to, Bluebook exhibits and the Actuarial Memorandum

Collaborate with cross-functional teams, including Actuarial, Accounting, and Compliance to ensure accurate and timely reporting

Provide expert actuarial guidance and support to business leaders, ensuring that statutory reporting requirements are met and that business decisions are informed by accurate and reliable data

Support deal teams as they evaluate new lines of business or structures for the implications to Statutory reporting

Recommend and implement strategies to achieve capital efficiencies

Monitor industry developments, regulatory changes, and emerging trends, applying this knowledge to continuously improve the quality and efficiency of statutory reporting

Mentor and coach junior team members, sharing expertise and promoting a culture of excellence and collaboration

Develop and maintain relationships with key stakeholders, including auditors and industry peers, to ensure effective communication and coordination

Qualification

Fellow of the Society of ActuariesStatutory reporting expertiseRegulatory knowledgeAnalytical skillsProject management skillsBusiness acumenCommunication skillsProblem-solving skills

Required

Fellow of the Society of Actuaries (FSA) / Member of the American Academy of Actuaries (MAAA) with a strong background in life reinsurance or insurance

Minimum 10 years of experience in actuarial roles, with a focus on statutory reporting

In-depth knowledge of regulatory requirements, including NAIC and state insurance regulations

Strong analytical, problem-solving, and communication skills, with the ability to distill complex concepts into clear, actionable insights

Strong business acumen, with the ability to balance technical expertise with business needs and priorities

Excellent project management skills, with the ability to prioritize tasks, manage multiple projects, and meet deadlines in a fast-paced environment

Benefits

Comprehensive Medical Plans

PTO and Family Leave

Retirement Savings Plans

Dental and Vision Plans

Life and Disability insurance

Employee Assistance Program

Adoption Assistance

Wellness Programs - Calm, WW, SoFI, Virgin Pulse

Commuter Benefits

FSA and HSA Plans

Hospital Indemnity, Critical Illness and Accident Plans

Company

Munich Re

Glassdoor4.2

Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.

Founded in 1980

Munich, Bayern, DEU

10001+ employees

https://www.munichre.com

H1B Sponsorship

Munich Re has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (4)

2024 (7)

2023 (3)